Name
Ticker
Circulating supply
Maximum supply
Launch date
Website
White paper
Github
Peg
Collateral
Available on
-
-
Swiss franc
Fiat reserve
Ethereum, Optimism, Polygon
Rank
Price cChange (24h)
Price cChange (7d)
Price cChange (30d)
%
%
%
Market cap
High (24h)
Low (24h)
Volume (24h)
HK$
HK$
HK$
HK$
Find below the answers to the most common questions about the CryptoFranc stablecoin. When available, we give you links to in-depth articles for further reading.
The CryptoFranc (XCHF) is a fiat-collateralized stablecoin, which is pegged at a 1:1 ratio to the Swiss Franc. It is issued by the company Bitcoin Suisse, and its redeemability is guaranteed by a Swiss bank.
Right now, 1 CryptoFranc is worth HK$ .
Right now, 1 Hong Kong dollar is equal to XCHF.
A stablecoin is a type of cryptocurrency designed to have the same value as a given fiat currency, like the US dollar. Its purpose is to let users invest in and out of volatile crypto-assets easily while remaining on chain, to facilitate crypto payments, and to denominate the price of other tokens in currencies that people are familiar with.
The XCHF is designed to follow the price of the Swiss Franc, it is therefore determined by it. Maintaining such peg mechanism is challenging, and it is possible for the XCHF to deviate from the CHF price for various technical or market reasons.
You never store XCHF in itself. Instead, you store the private key giving you access and control over a wallet address that contains XCHF. That key is stored in a wallet, which provides an interface to use it. To learn more, read our in-depth guide on storing crypto assets.
To send XCHF, you use a crypto wallet like Bridge Wallet where you will choose the amount to send and the destination address. Confirm and send, that's it!
You can buy XCHF with us here from Hong Kong by sending us bank transfers in HKD, avoiding that way unnecessary currency exchange fees. For more information, have a look at our step-by-step tutorial on how to buy XCHF.
You can swap XCHF here against one of the cryptocurrencies that we support, using any self-custodial CryptoFranc wallet. For more information, have a look at our step-by-step tutorial on how to swap XCHF.
To cash out CryptoFranc with us, you simply need to transfer your crypto to our address. We'll convert your XCHF in HKD, then transfer the funds to your bank account in Hong Kong. For more information, have a look at our step-by-step tutorial on how to sell XCHF.
XCHF | Hong Kong dollar | |
---|---|---|
1 XCHF | = | |
5 XCHF | = | |
10 XCHF | = | |
15 XCHF | = | |
25 XCHF | = | |
50 XCHF | = | |
100 XCHF | = | |
1,000 XCHF | = | |
10,000 XCHF | = | |
100,000 XCHF | = | |
1,000,000 XCHF | = |
Hong Kong dollar | XCHF | |
---|---|---|
HK$ 1 HKD | = | |
HK$ 5 HKD | = | |
HK$ 10 HKD | = | |
HK$ 15 HKD | = | |
HK$ 25 HKD | = | |
HK$ 50 HKD | = | |
HK$ 100 HKD | = | |
HK$ 1,000 HKD | = | |
HK$ 10,000 HKD | = | |
HK$ 100,000 HKD | = | |
HK$ 1,000,000 HKD | = |
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